Crypterium (CRPT) Price Prediction 2022-3030. Step Into The Future. Is It Worth Buying Now?

Crypterium (CRPT) Price Prediction 2022-3030. Step Into The Future. Is It Worth Buying Now?
Feb 03, 2022 0
Crypterium (CRPT) Price Prediction 2022-3030. Step Into The Future. Is It Worth Buying Now?

Nowadays, with the advent of a huge number of cryptocurrencies, the digital payments market is growing rapidly. Every day, the sphere of cryptocurrencies and blockchain technology increases the chances of taking precedence over the mobile payment system.

But also, in parallel with the appearance of more users of cryptocurrencies, consumers also have a problem. A restriction in the use of their own funds.

And that is why the CRYPTERIUM platform, which we will discuss in more detail below, is likely to become a revolutionary solution in the field of financial services.

What is Crypterium?

Crypterium is a decentralized crypto banking platform that is accessible for any user, not depending on the country. The service has its own mobile application, digital wallet and card. In other words, Crypterium is a "Crypto Bank for the Crypto world".

This service is designed in such a way that it will be able to offer users similar financial services that are currently provided only by physical banks and other financial institutions. But instead of fiat money, it will use cryptocurrency.

With this application, users can trade cryptocurrencies, make purchases, store assets, open accounts, order an international crypto card, take loans and pay for everyday needs in one touch, similar to Apple Pay.

The system uses two own tokens CRPT and CRED. CRED is considered a sub-token, while CRPT is the main token.

What is CRPT Token?

CRPT is a service token in the Crypterium ecosystem. All transactions in Crypterium are fueled by CRPT tokens.

The price as of February 2022 $0.235
Market cap as of February 2022 $19,966,535
Rank as of February 2022 #871
All-time high $1.58 (January 28, 2018)
Decline (compared to all-time high) 85.2%
All-time low $0.072758 (December 8, 2018)
Growth (compared to all-time low) 221.3%
Popular markets Gate.io, KuCoin, HitBTC, Binance DEX, Liquid

Participation in the MLP program allows you to earn on all Crypterium transactions. The fact of participation implies receiving CRPT tokens to your Crypterium wallet and a monthly reward from the MLP fund.

Every time someone makes a payment, a commission of 0.5% of the transaction value in CRPT is withdrawn from the user's account and burned. As a result of this process, a constant demand for tokens is expected.

This program is designed in such a way that up to 30% of the project's income from transactions with crypto-fiat goes to the MLP fund, and then is distributed among all users.

Half of the MLP fund (50%) is distributed among users depending on their level in the loyalty program. Each loyalty group reflects how many percent of the CRPT tokens the user receives. Only the CRPT stored in the Crypterium wallet is taken into account. The more transactions a user makes, the more CRPT will be in the MLP fund; and accordingly, the higher his cashback will be.

Crypterium Price Analysis of recent years

CRPT tokens were issued by the financial institution Crypterium as part of the ICO, which was held from October 2017 to January 2018. In 2017, Crypterium was included in the Guinness Book of Records as the largest ICO in the world. Also, the service has been successfully verified by the SEC Securities Commission.

In 2018, the issuer of the token received a legal opinion from the American law firm Blockchain Law Group (on the compliance of the ICO with legal requirements). The smart contract was launched in November 2017. The basic CRPT smart contract operates on the Ethereum blockchain.

The distribution of tokens began in October 2017, and then in January 2019, Crypterium was indexed to the market capitalization of coins at a price of 2.45 US dollars. The return on investment since its placement has always been negative, because immediately after indexing it fell by almost 600%, and then Crypterium showed decent price fluctuations.

In 2020, on April 8, Crypterium entered the list of the 100 best cryptocurrencies, showing a price increase of almost 64%. After entering the top 100 best cryptocurrencies, CRPT began to trade on HitBTC, Gate.io, Bitbns, KuCoin, etc.

Crypterium Price Prediction for 2022-2030

In May of 2021, 150000 CRPT were burned, which is significantly more than the figures recorded in 2019. More than 2.3 million CRPT has been burned by the end of 2021.

What is it for? By burning tokens, Crypterium accelerates the impact of supply and demand economics on the value of CRPT. If all goes according to plan, Crypterium will burn about 30 million CRPT by 2023.

According to analysts' forecasts, the supply of CPRT will decrease in 2022-2023 years, there is a possibility that the value of CPRT will grow along with the market demand for the token.

In the second half of 2021, the price of CPRT has increased by more than 300%. Experts predic that the price of the token will be climbing up in the future. In the near future, the commission for the purchase of CRPT will be canceled, and users who bought the token will receive cashback, access to reduced tariffs and free cards. This approach will definitely lead to a constant increase in the demand for the token.

By the end of 2022, the price might reach up to 36 cents. The significant growth is expected in 2023, as well. The CPRT price can reach from 44 to 51 cents by the end of the year. At the end of 2024, the token price can reach a $0.77 mark and cross the 1 dollar milestone in 2025. According to a number of forecasts, the further growth can slow down a bit. By 2031, the price will barely reach a $7 level.

Year Min Price Average Price Max Price
2022 $0.3 $0.32 $0.363
2023 $0.44 $0.46 $0.51
2024 $0.65 $0.7 $0.77
2025 $0.95 $1 $1.15
2026 $1.6 $1.64 $1.98
2027 $2.42 $2.5 $2.82
2028 $3.21 $3.32 $3.7
2029 $4.89 $4.96 $5.14
2030 $6 $6.13 $6.99

Conclusion

The rapidly developing global Crypterium project has every chance to become a market-leading crypto bank for the crypto economy, being an intermediary between cryptocurrencies and the physical world. This platform is a step into the future, which will simplify the lives of all cryptocurrency users and expand the possibilities of action.

The CRPT token has potential, focusing on its 300% transaction volume growth. And also for its turnover of 150 million euros in the Crypterium ecosystem.

If we consider Crypterium in the long term, then we can say with confidence that this is a promising project that can become a leading crypto bank.

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.


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